ABSA GROUP LTD Disclosure template for main features of regulatory capital instruments | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | |
1 | Issuer | Barclays Africa Group Limited | Absa Bank Limited | Absa Bank Limited | Absa Bank Limited | Absa Bank Limited | Absa Bank Limited | Absa Bank Limited | Absa Bank Limited | Barclays Bank of Kenya Limited | Barclays Bank of Kenya Limited | Barclays Bank Zambia | Barclays Africa Group Limited | Barclays Africa Group Limited | Barclays Africa Group Limited | Barclays Africa Group Limited | Barclays Africa Group Limited | Barclays Africa Group Limited | Barclays Africa Group Limited | Barclays Africa Group Limited |
2 | Unique identifier (e.g. CUSIP, ISIN or Bloomberg identifier for private placement) | ZAE0001 74124 | ZAE0000798 10 | ZAG000073669 | ZAG00007 7074 | ZAG0000770 82 | ZAG0001012 21 | ZAG0001012 39 | ZAG0001012 54 | BBKTR02SBFL 02 | BBKTR02SBFL 02 | BBG0019JPQ R2 | ZAG0001214 76 | ZAG0001214 84 | ZAG0001231 00 | ZAG0001231 18 | ZAG0001293 54 | ZAG0001293 62 | ZAG0001293 88 | ZAG0001293 96 |
3 | Governing law(s) of the instrument | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended ) | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended) | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinat ed callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. | Section 1 of the Banks Act, 1990 (Act no 94. of 1990) (As amended). The subordinated callable notes are listed on the JSE. |
Regulatory treatment | ||||||||||||||||||||
4 | Transitional Basel III rules | Common Equity Tier 1 | Additional Tier 1 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
5 | Post-transitional Basel III rules | Common Equity Tier 1 | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Ineligible | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 | Tier 2 |
6 | Eligible at solo/group/group&s olo | Group | Solo and Group | Solo and Group | Solo and Group | Solo and Group | Solo and Group | Solo and Group | Solo and Group | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group | Group |
7 | Instrument type (types to be specified by each jurisdiction) | Ordinary shares | Preference shares | Subordinated Callable Notes | Subordinat ed Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes | Subordinated Callable Notes |
8 | Amount recognised in regulatory capital (Currency in mil, as of most recent reporting date) | R 1 694 | R 3 251 | R 1 500 | R 400 | R 600 | R 1 805 | R 2 007 | R 1 188 | R 0 | R 0 | R 0 | R 370 | R 130 | R 1 693 | R 807 | R508 | R437 | R737 | R30 |
9 | Par value of instrument | R 1 694 | R 4 644 | R 845 | R 400 | R 600 | R 1 805 | R 2 007 | R 1 188 | R 90 | R 153 | R 102 | R 370 | R 130 | R 1 693 | R 807 | R508 | R437 | R737 | R30 |
10 | Accounting classification | Sharehol ders' equity | Shareholders' equity | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option | Liability - fair value option |
11 | Original date of issuance | 1986 | 2006 and 2007 | 10 Dec 2009 | 03 May 2010 | 03 May 2010 | 21 Nov 2012 | 21 Nov 2012 | 21 Nov 2012 | 14 Jul 2008 | 14 Jul 2008 | 18 May 2009 | 18 Nov 2014 | 18 Nov 2014 | 04 Feb 2015 | 04 Feb 2015 | 03 Sep 2015 | 03 Sep 2015 | 03 Sep 2015 | 03 Sep 2015 |
12 | Perpetual or dated | Perpetual | Perpetual | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated | Dated |
13 | Original maturity date | NA | NA | 07 Dec 2028 | 03 May 2022 | 03 May 2022 | 21 Nov 2022 | 21 Nov 2023 | 21 Nov 2023 | 14 Jul 2015 | 14 Jul 2015 | 18 May 2016 | 19 Nov 2024 | 19 Nov 2024 | 05 Feb 2025 | 05 Feb 2025 | 04 Sep 2025 | 04 Sep 2025 | 03 Sep 2027 | 03 Sep 2027 |
14 | Issuer call subject to prior supervisory approval | NA | NA | Yes | Yes | Yes | Yes | Yes | Yes | NA | NA | NA | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
15 | Optional call date, contingent call dates and redemption amount | NA | NA | 07 Dec 2023, tax and regulatory contingent events call, nominal amount plus CPI adjustment if the amount is not less than R 845.283.052 otherwise redemption amount equal to Principal Amount issued. | 03 May 2017, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued. | 03 May 2017, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued. | 21 Nov 2017, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued. | 21 Nov 2018, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued. | 21 Nov 2018, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued. | NA | NA | NA | 19 Nov 2019, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 19 Nov 2019, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 05 Feb 2020, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 05 Feb 2020, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 04 Sep 2020, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 04 Sep 2020, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 03 Sep 2022, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued | 03 Sep 2022, tax and regulatory contingent events call, redemption amount equal to Principal Amount issued |
16 | Subsequent call dates, if applicable. | NA | NA | NA | NA | NA | Quarterly after the first optional call date until maturity. | Quarterly after the first optional call date until maturity. | Semiannualy after the first optional call date until maturity. | NA | NA | NA | Quarterly after the first optional call date until maturity. | Semiannualy after the first optional call date until maturity. | Quarterly after the first optional call date until maturity. | Semiannualy after the first optional call date until maturity. | Semiannualy after the first optional call date until maturity | Quarterly after the first optional call date until maturity. | Semiannualy after the first optional call date until maturity | Quarterly after the first optional call date until maturity. |
Coupons / dividends | ||||||||||||||||||||
17 | Fixed or floating dividend/coupon | Floating | Fixed | Floating | Floating | Fixed to floating | Floating | Floating | Fixed | Floating | Fixed | Floating | Floating | Fixed | Floating | Fixed | Fixed | Floating | Fixed | Floating |
18 | Coupon rate and any related index | NA | 70% of the prime overdraft lending rate | 5.5 % indexed to ZAR revised CPI | 3M JIBAR+210b ps | 10.28% | 3M JIBAR+195bps | 3M JIBAR+205bps | 8.2950% | 182 day T-bill +1% | 11.50% | 182-day T- bill+2.5% | 3M JIBAR+330bps | 10.835% | 3M JIBAR+350bps | 10.05% | 11.365% | 3M JIBAR+350bps | 11.810% | 3M JIBAR+360bps |
19 | Existence of a dividend stopper | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
20 | Fully discretionary, partially discretionary or mandatory | Fully discretion ary | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory | Mandatory |
21 | Existence of step up or other incentive to redeem | NA | No | Yes | Yes | Yes | No | No | No | No | No | No | No | No | No | No | No | No | No | No |
22 | Noncumulative or cumulative | Non- cumulativ e | Non- cumulative | Non-cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative | Non- cumulative |
23 | Convertible or non- convertible | NA | Non- convertible | Non-convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible | Non- convertible |
24 | If convertible, conversion trigger (s) | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
25 | If convertible, fully or partially | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
26 | If convertible, conversion rate | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
27 | If convertible, mandatory or optional conversion | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
28 | If convertible, specify instrument type convertible into | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
29 | If convertible, specify issuer of instrument it converts into | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
30 | Write-down feature | No | No | No | No | No | No | No | No | No | No | No | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
31 | If write-down, write- down trigger(s) | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event | At SARBs discretion in accordance with Condition 11.12 of the Terms and Conditions and Regulation 38(14)(a)(i) of the Tier 2 Capital Regulations, upon the receipt by the Issuer of written notice from the Registrar of Banks of the occurrence of a Non- Viability Trigger Event |
32 | If write-down, full or partial | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a | The Principal Amount and all accrued unpaid interest owing in respect of the Notes of this Tranche shall be written-off permanently, in full or in part on a pro rata basis (in the case of a |
write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | write off in part) in accordance with the Capital Regulations and to the satisfaction of the Registrar of Banks | |||||||||||||
33 | If write-down, permanent or temporary | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent | Permanent |
34 | If temporary write- down, description of write-up mechanism | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA | NA |
35 | Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) | Columns 3 to 19, then Column 2 | Columns 3 to 19 | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinat ed notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes | Deposits and other general debits of the bank including non subordinated notes |
36 | Non-compliant transitioned features | NA | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | NA | NA | NA | NA | NA | NA | NA | NA |
37 | If yes, specify non- compliant features | NA | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | Loss absorbency criteria and point of non- viability | NA | NA | NA | NA | NA | NA | NA | NA |
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